Quartlery is out very soon, end of April, if I am not mistaken. I will be looking forward to something meaty in this. JT will no doubt be chasing damages from the ANZ(rightly so) and IMO he will be seeking to drive the SP as high as possible to ensure he extracts the maximum damages pay out possible. I think he would be onto the NPV ASAP to help with the pricing of CQT. That would be my stratgey anyway.
Even at these ridiculous SP levels (52 -53)it is ensuring that GF will have to pay that little bit extra, rather than launching a bid at something that is priced at 38.
CQT Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held